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Re: tjusa02 post# 15816

Wednesday, 05/08/2019 11:48:06 AM

Wednesday, May 08, 2019 11:48:06 AM

Post# of 21158
Yes I agree we can make gains on swing trades on most stocks. It's just that there is this sentiment to entice new investors here to hold this garbage while they get dumped on, which is easily seen over the past 4-5 years. Generally they ignore or unaware what has been mentioned in the prior 10Q's thinking HYSR is some lotto ticket while convertible debt is looming. This is not to undermine you, but other folks seem to not understand the risk involved while holding long term on $HYSR.

From https://ih.advfn.com/stock-market/USOTC/hypersolar-pc-HYSR/stock-news/79247227/quarterly-report-10-q

Going Concern

The accompanying unaudited condensed financial statements have been prepared on a going concern basis of accounting, which contemplates continuity of operations, realization of assets and liabilities and commitments in the normal course of business. The accompanying financial statements do not reflect any adjustments that might result if the Company is unable to continue as a going concern. The Company does not generate revenue, and has negative cash flows from operations, which raise substantial doubt about the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern and appropriateness of using the going concern basis is dependent upon, among other things, additional cash infusion. The Company has historically obtained funds through private placement offerings of equity and debt. Management believes that it will be able to continue to raise funds by sale of its securities to its existing shareholders and prospective new investors to provide the additional cash needed to meet the Company’s obligations as they become due and will allow the development of its core business. There is no assurance that the Company will be able to continue raising the required capital.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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